Tax Time: Good Hoboken accountants?
Hoboken411 reader Yelena was curious what other folks in Hoboken do for taxes in town. So saving me the work of writing another post, I decided to bump this one up from last year.
Also – does anyone know of a type of Accountant that works with people that don’t keep very good records? Like a Glad bag filled with receipts?
Any new recommendations?
Two things certain in life…
One Hoboken411 reader thought now is a perfect time to get this dreaded moment of the year up for discussion. Taxes and Accountants.
She’d like to know everyone’s opinions. One friend of hers has already made a recommendation, but it seemed a little steep for a very basic return.
“A friend recommended Defalco on Washington, you may want to check them out since you have a business. I made an appointment and he charges $500, I’m wondering if he’ll get me more back paying $500. My accountant in Springfield, NJ charged $200, but he seems pretty shady. Though I have gone to him for 3 years now and have had no problems. I’m wondering what $500 gets you! My taxes are very straightforward!”
For one, if you have “very straightforward” taxes, then my recommendation would be to use a program like TurboTax from Intuit. They have free federal basic returns, and state returns cost about $30. If you have many itemized deductions, other more sophisticated versions cost from $30 up to $75 (not including state). I’ve heard it’s very simple, saves your progress, and takes the headaches out of filing a return. Of course, it all depends on how good your record-keeping is, and what kind of return you’re filing. Small business owners and those who make many financial transactions (stocks, real estate, gambling) have it much harder than a straightforward corporate employee.
If you’re looking to “maximize” your refund, and need a crafty person who understands tax loopholes and what the audit risk factors are, then a personal accountant just might be a good choice. I’ve used one for the past few years myself, but he’s not in Hoboken.
Who do you recommend in Hoboken? What about in other areas? What do they charge?